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Dude, you will have to serve a full notice period after you join an organisation. It's a lot of effort initiating all the approvals and onboarding someone etc. You are lucky you have an option to leave early by paying 2 months salary as not all get that option. 2 months pay is for them to search for your replacement and curb the loss. If the other offer is good then I would say pay and leave else serve the notice period. Try convincing them but I doubt it will be in your favor. Cheers!
Thank you dude, cheers.